RV or FV? Bankers keen to see KfW’s opening level for euro 10 year
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RV or FV? Bankers keen to see KfW’s opening level for euro 10 year

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After KfW mandated banks on Wednesday to join the 10 year euro flurry, the question on the minds of market participants is at what level the Germany agency will choose to start at with such a wide differential between relative and fair value.

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